Might Ethereum Out-Perform Bitcoin in the Coming Days?
Since our last Bitcoin update, price has risen a bit; enough to get me wondering whether or not it’s time to re-assess my earlier suspicion that another down movement was due. In fact, I have seen evidence to suggest that the recent panic selling might have been the low I was expecting. To better get a feel for this question, I looked at the ethxbt chart for any clues it might offer: Here you can see that the bottom of the 5th square has stopped 5 declines in the past few weeks. Note that the swing high at .020 (blue arrow) was at the end of the 2nd square in time. This is common behavior,....
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Ethereum could be on the cusp of seeing an explosive move higher in the coming few days This notion seems rather surprising, given the weakness seen across the entire market as of late, but its price has been able to hold above one crucial level This level could act as a base for further growth in the days and weeks ahead, and ultimately put the control of its near-term trend back into the hands of […]
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